I am individual chased by debt collectors for a debt that i salaried stale 14 years ago! Is this legally recognized? I was a cosigner contained by an apt. We had to

I was a cosigner contained by an apt. We had to break our lease so compensated the $540.00 reletting fee and moved. Instead of in truth subletting the apt, the apt complex left the door uncap to squatters and they trashed the place and the apts charged us $1400.00 for repairs. As a cosigner, i paid partially of that fee, and they said (on tape) that they would not hold me responsible for the remainder, but after I made that final payment, they refuse to honor their agreement. and now for the ending 14 years they have sold this "loan" (which it isn't) to different companies over and over and respectively new company say that they have a current 7 years to collect on it.

That stinks, and it sounds really shady. I focus you need professional relieve on this one, but I'm not sure who from. That's a long time, and a long, twisted path. It's get to be one messy paper trail. You might want a lawyer? The apartment complex should be sued, for sure. It's their denounce, and their mess. There's no way you should be held responsible for that.

Try to obtain a copy of that tape. You should dispute it near all three credit beaureaus and grasp it taken off your credit report. Each credit beaureau will hold an investigation into the business to deem if you are liable for the money. If there is a cassette, let the credit beaureaus know of this within your letter to them and they will ask for it as evidence. If the company cannot prove that you owe the money, after they have to remove the disputed item from your credit report.

The SOL run out. Just send a end and desist letter, 1 regular and certified and craft a copy. if the certified comes back un-signed, do not friendly it because that's the only proof the epistle was sent

Nope.unless they got a sentence against you, there is lone ONE seven year cycle...this cycle CANNOT be re-started by new debt collectors buying the details.

Send a certified letter near return receipt to the collection agency and state:
Per the Fair Debt Collection Practices Act, I am requesting:
- written validation of this alleged debt
- validation that said alleged debt is inside the statue of limitations

Per the Fair Debt Collection Practices Act, cease voiced communications with me. You do not own to pay debt explicitly considered too old by your state. Every state have laws governing the time surrounded by which a person or entity can record suit to collect a debt. Generally, a creditor or debt collector gives up his right to report suit to collect a debt after a period of six years from the time the debt be written off (or the date of end activity on your credit report), but multiple states allow anywhere from 2 to 15 years to collect delinquent debt I'm pleasantly surprised that we actual enjoy a group of good solid answers this time, including Slimick and Sgt Big Red, who are other giving good warning.

I'd do like suggested and dispatch a demand to corroborate letter. Chances are that will be the ending you hear about this issue, but feel free to email me if you entail any help.

depends on country's law, some may be "prescribed" or elapsed in statue of limitations Sounds approaching you need to start beside the district attorney and maybe a private attorney and catch a court order to stop them.

i got this from another human being from a different question:

"There is merely one 7- year reporting cycle...this cycle cannot be re-started for any reason...regardless of how times the debt change hands from a mixture of debt collectors.

FYI: The 7-year reporting cycle is separate from the statue of limitations. The statue of limitations refers to the amount of time that a creditor can take permitted action on a debt. The 7-year reporting cycle is the time allowed for for credit bureaus to reporting unenthusiastic info on your credit file. This 7-year cycle can NEVER be re-set.The statue of limitations can be reset by making a recent gift or acknowledging the debt as valid contained by writing, for example."

so, if you have salaried them something, it can be re-set, base don what that guy is dictum Don't pay packet them. They are in breach of contract and you are not liable to discharge if they are in breach of contract.

Just because somebody says you owe them money doesn't miserable that you do. Tell the next company you have already remunerated the debt and if their records imitate something different, tell them to sue you. Practically speaking, most companies won't sue to collect a debt smaller number than $1,000. It just isn't worth it.

As for the harassing phone call, I suggest you contact the Better Business Bureau (rather than the DA, as suggested above) to see what they recommend. If all else fail, change your phone number and remuneration for it to be unlisted.

Different companies buy "receivables" at a discounted rate in an attempt to collect them. In accounting circles this is call "factoring receivables." It is a flyer on their part and what the investigational companies are trying to do is basically bully and intimidate you into paying. Stick to your guns and combat back. Don't pothole in to them! hmmm, your royally person screwed over which you obviously can give an account. Well you could of taken this to court 14 years ago but now that its be 14 years ago, its most likely useless to even goto court to settle this.ever thought roughly speaking getting a name conveyance and a Private phone Number and rarely provide the Number out.its how i have stayed away from bill collectors for years and if any are competent to find your number yet even as private after you better check with whom you hold been giving your Number to to find out whom is giving it out.

hope i help some...

Answers: This is totaly false, they (which ever collection agency now holds the note) CAN NOT register this debt on your credit report as per the following:
RE-DATING OF THE DEBT IN VIOLATION OF
[CITE: 15USC1681s-2] �� 623. Responsibilities of furnishers of information to consumer reporting agencies
a) Duty of furnishers of information to provide accurate information
(1) Prohibition (A) Reporting information with actual understanding of errors A person shall not furnish any information relating to a consumer to any consumer reporting agency if the personality knows or have reasonable result in to believe that the information is inaccurate.
(B) Reporting information after make out and confirmation of errors A person shall not furnish information relating to a consumer to any consumer reporting agency if-- (i) the creature has be notified by the consumer, at the address specified by the party for such notices, that specific information is vague; and (ii) the information is, in reality, inaccurate.

If this debt is on your credit report dispute it immediatly.

Even though the debt is beyond your States SOL on proceeding near civil action, they can still annoy you and ask for the $$$ but can not side dishes wages, place liens or take decriminalized court action.

If you enjoy anything in writing to show what the ingenious agreement was beside the original creditor and that you own met your end of the promise, send them copies next to a "cease and decist" message. If all you own is a tape CD, contact your local court clerk and see if they will transcribe the tape and receive it a legal document. (you may own to pay a fee).

As to those who narrate you they have a topical 7 years to collect, tell them to be in motion pound sand. Advise them you are aware of the above mentioned section of the FCRA.

LEGAL DISCLAIMER: The counsel contained herein is for informational purposes only. It is not to be construed as Legal Counsel nor Legal Advice.

That is channel past the time of human being legally collectable, They are a moment ago trying to give you misinformation, the collectablity of the debt is base on the inital time of debt, it is irreleveant that they sold the accounts. I have have the same issue near past debts, that seem to be to resurface every now and again, however none show on my credit reports, end in they can not provide documentation within the lawful time frame. I would consider this harresement and inform them of such, and let them know you will sue them for harresemnt if they verbs.

By law they are required to stop attempting collections, once you hold informed them that they are harressing you about a debt to be precise no longer collectable. Let them know that you are willing to bring an attorney if need be, and you will sue them to the full extent of the canon.

Regardless there is no trial action they can appropriate against you, so I wouldnt worry around that part of it. If This debt does appear on your credit report, disupte it and once the credit company researches it, and finds out how ancient the debt is they will be required to remove it.

You shouldn't enjoy even agreed to pay any portion of the 1,400, it wasn't your breakdown..plus that "loan" is past the statue of limitations
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